12 August 2014

HSI Futures

U.S. stocks ended higher on Monday, extending the rally from Friday as investors hoped that Russia's move to send humanitarian aid to Ukraine would ease tensions between the two countries.

Hong Kong shares posted solid gains on Monday with property leading the advance, helped by stronger Chinese mainland bourses as the Shanghai benchmark index closed at its highest in eight months. Japan GDP figures will be released tomorrow with weak numbers expected. 

Plan A : Above 24644, do nothing
Plan B : Below 24446, do nothing
Plan C : Consider intraday sell if market fails to break above 24644
Plan D : Cut above 24736
Plan E : Attempt buying if market corrects and holds firm above 24446
Plan F : Cut below 24324


FKLI

Market attempted a rebound yesterday but so far it has been mild as it fails to break above 1850. Market might try for further recovery today but failure to break above 1855 would continue to have investors staying cautious for the time being. 

Plan A : Attempt selling if market fails to break above 1853
Plan B : Cut above 1855
Plan C : Consider buying if market stubbornly holds above 1843
Plan D : Cut below 1839


FCPO

FCPO resume with selling action and visited the year low of 2174. Investor might expect market to open lower as regional competitive substituents are trading at negative net change.

Plan A : Overnight seller might want to hold on to your position, taking resistance at 2205. Target is looking at 2158 and 2103.
Plan B : Fresh seller may sell if market rebounded and could not break 2205. Target is 2158.
Plan C : Buyer may stay out of market.
Plan D : Above 2210, do nothing.
Plan E : Below 2150, do nothing.


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment